Inca Pacific takes $35M buyout to end ownership dispute
A protracted ownership battle looks to be ending, with Inca Pacific Resources (IPR-V) agreeing to a $35-million buyout by Lima-listed Minera Milpo.
News
Goldgroup Mining’s big growth plans in Mexico
Junior Goldgroup Mining (GGA-T) believes it can produce much more gold within three years through organic growth by combining its Mexican assets, and Canaccord Genuity mining analyst Nicholas Campbell thinks that goalis on the mark.
Editorial: Wave upon wave of tax hikes
The governments of another four large mining jurisdictions are pressing forward with new plans to hike mining taxes and steer more miners’ profits into government coffers.
Odds ‘n’ sods: Moly Madness: Treasures of the Okanagan Valley
The year 1966 was a banner one for exploration, at least for the village of Peachland and the Central Okanagan in B.C.
People
BCGold – Darren Bahrey resigned as a director; Wes Roberts appointed a director.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Sept 13, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept 12, 2011 (change from Sept 5 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$15,000.00/t
Daily metal prices
DateSept 12Sept 9Sept 8Sept 7Sept 6
Canadian gold mutual funds
Fund name Sept. 12 Sept. 6ChangeChangeYTDMER*Assets*
TSX short positions
Short positions outstanding at Aug 31/11 (with changes from Aug 15/11).